I feel like giving up!

Discussion in 'Professional Trading' started by Unquestionably, Feb 1, 2011.

  1. Serious or not, I just don't want to see anyone end up like Jesse Livermore or Nicolas Darvas. You reap what you sow.

    Why is it that men like those above do themselves away when they've lost their fortune (from) trading stocks, whereas industrial men like William C. Durant lost his billions trying to support the stock market during the great depression and yet went on to become the manager of a bowling alley till the end of his days?
     
    #101     Feb 9, 2011
  2. You are doing a tremendous disservice to yourself with such negative thoughts. At this point I have a feeling you are waiting for someone to react to you.

    Since some parts of your posts were serious I conclude you are still struggling to make this your full time gig.

    You think you will trap someone perhaps, but you are really trapping yourself.
     
    #102     Feb 9, 2011
  3. Au contraire. I have learnt that you can't make this your full time gig. There's never been a man alive who's beaten the market.

    Some were Kings of Wall Street for a day... But only for a day. They gave back everything they ever made.

    Tis a sad state to find yourself in eventual old age with nothing to show for it b/c you didn't do nothing! Playing the market is not 'doing'. It is taking and online pick-pocketing!
     
    #103     Feb 9, 2011
  4. Nobody is stopping you from earning money and giving it away.The only thing you take is that which you decide to take.

    The only limitations you have are the ones you place on yourself.

    This isn't about beating the market. It is about knowing yourself. In fact, that is first and foremost the aim of all human life - to know that which is infinite.

    Cut the bullshit, drop the ego, happiness is around the corner.
     
    #104     Feb 9, 2011
  5. deaddog

    deaddog

    What are you trading that can't handle 100K?
     
    #105     Feb 9, 2011
  6. Lots of things. You'd be surpirsed at how many fast runners can't handle 100K until near the very top, at which point, you can put millions into the trade without unsettling the guys behind the run -- That is, if you're willing to tbuy near the top!
     
    #106     Feb 9, 2011
  7. So what was your last handle?

     
    #107     Feb 9, 2011

  8. Hmmm, I would disagree with that friend. There are many out there who know that being a tru market wizard is not something to be advertised. Envy comes before admiration. Remember that in case you break the code.
     
    #108     Feb 10, 2011
  9. agree.in any time and at any conditions you can perform miracles with 1 or 2 contracts(depending on the account size)
     
    #109     Feb 10, 2011
  10. d08

    d08

    If he lost most of his money, he was taking on too much risk. The reality is of course that since trading doesn't set any limits on who can do it, everyone thinks they are qualified. Imagine if being a rocket scientist would not require any degree or qualification, there would be quite a few catastrophes.
     
    #110     Feb 10, 2011